[Upbit] Notice on Temporary Suspension of IoTeX (IOTX) Deposits and Withdrawals Due to Hard Fork (Completed)

> Update Date: 2024-12-18 19:13

Hello. This is Upbit, the most trusted global standard digital asset exchange.

The inspection for stable deposit and withdrawal service support has been completed.

The detailed information is as follows.

[Notice on Resumption of IoTeX (IOTX) Deposits and Withdrawals]

• Target Digital Asset: IoTeX (IOTX) - IoTeX Network

• Resumption Scope: Deposits and withdrawals of the target digital asset

Thank you for your patience.

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Hello. This is Upbit, the most trusted global standard digital asset exchange.

Due to the upcoming hard fork of IoTeX (IOTX), the support for deposits and withdrawals of IoTeX (IOTX) will be suspended from 2024.12.16 (Mon) 18:00 (KST) until the stability of the hard fork is confirmed (further notice will be provided through this announcement). (Virtual Asset User Protection Act Enforcement Decree Article 17 Paragraph 1 Subparagraph A).

[Notice on Temporary Suspension of IoTeX (IOTX) Deposits and Withdrawals]

• Reason for Suspension: IoTeX (IOTX) Hard Fork

• Target Digital Asset: IoTeX (IOTX) - IoTeX Network

• Suspension Scope: Deposits and withdrawals of the target digital asset

*[View Notice on IoTeX (IOTX) Hard Fork](https://github.com/iotexproject/iotex-core/releases/tag/v2.1.0)

• Suspension Period: 2024-12-16 (Mon) 18:00 \~ Until the stability of IOTX deposits and withdrawals is confirmed, further notice will be provided through this announcement

[Precautions]

• If IOTX is deposited after the suspension point, it may not be reflected in your Upbit account, and in such cases, recovery may not be possible. Please be cautious and do not deposit after the suspension point.

• During the suspension period, the deposit return procedure for the digital asset will be temporarily suspended and will be processed sequentially after the resumption of deposit and withdrawal support.

• In case of suspension, there may be delays in deposit processing due to network congestion, and there may be a difference between the confirmation time of the transaction on the blockchain network and the time it is reflected in the deposit.

• Deposits and withdrawals may occur on some blockchain networks before or after the suspension point, but due to the processing status of our wallet system, normal processing is not possible during the inspection period, and it will be processed sequentially after the inspection is completed, which may delay the reflection in the member account.

[Frequently Asked Questions]

• Trading of the digital asset will be supported without interruption regardless of the suspension of deposits and withdrawals.

• Upbit plans to closely cooperate with the IoTeX team to ensure the safe protection of your assets, and if there are any additional or changes, we will provide updates in this announcement.

We ask for your understanding as this is a measure for safe deposit and withdrawal support.

Thank you.

※ Virtual assets are high-risk products that can result in the loss of all or part of your investment.

*This information is automatically generated.